Member Info for wiltshireman

is we don't have this constant barrage of irrelevant comment unless of course you include this one.

Long may it last.

Aqua - Or Sorviodunum for that matter which is close to where I live !
Greatland drop this morning hardly reflects this great news from the Paterson area but that's down to how the casino operates. Hopefully with many projects in our POW 'stable' we won't suffer from this volatility . Even a placing shouldn't go amiss in that case given the massive potential of Havieron. Although I'm in there too I am looking for SP stability and lower anxiety levels at my time of life which is very rare on AIM even in the best of times. I see since this mornings drop has recovered so if there was no hanky - panky what would precipitate that? Onwards and upwards

is a joke and in need of reform

Please accept my apologies Aqua my comments were intended as a reply to DirtyLeeds request of 1148hr. I don't really know why it ended up addressed to yourself as I have noted in the past you are a well researched individual. My comments were the strategy of POW spelt out many, many times by PJ. Whether or not it works will be apparent in the future but for me as an AIM investor being knocked back by boom and bust PJs is a sound strategy. DL hasn't really done much homework to ask that question. Once again apologies for the error............

PJs message conclusion was

It does Power Metal no harm if we aspire to achieve another positive outcome with this new opportunity.”

Exactly and if it doesn't work out (which I have every confidence that it will) we still have the shirt on our back and all the valuable projects tucked away in our portfolio

Aquae - DYOR just accept that you need to sit through many of PJs numerous interviews, you can find them anywhere, in which he spells out his strategy and points out that it is unique for AIM which it is. As others on here have responded one of the main reason is to reduce risk and uncertainty of placings to POW PIs. PJ trades in options to raise POW finance and this is a (relatively) risk free way of raising money for the bothe the company and more importantly for us the PIs. We know that with the run of the mill AIM penny dreadfuls the SP is built up with news and knocked down by placings which makes it a volatlle and risky place to invest. Not so with POW where potential companies are nurtured initially then spun off and we take a share. The skills come in spotting the winners, nurturing them and spinning them off. PJ has proved himself in his recent career and bluntly says he has done it for other companies now he's doing it for himself, thats why he is heavily invested in it and encourages PIs to come onboard and join in. He has been a PI himself and sees it from our point of view. This is a true investment company with potentially high returns for PIs something quite unique, especially among the 'penny dreadfuls' which have turned AIM into a casino where uncertainty is the norm.
DYOR

Nah don't worry its just POW being unduly diligent. Anyway there is so much more going on here if the deal falls apart then there are plenty more opportunities anyway.

interesting what they have (not) to say about Wressle
https://www.lse.co.uk/rns/EDR/interim-results-0y56y5ilwa5qiks.html

https://www.proactiveinvestors.co.uk/companies/news/947382/the-huge-mineralised-upside-of-the-paterson-range-moves-into-focus-once-more-as-greatland-antipa-and-others-swing-into-action-947382.html

Same with me. I've traded in and out of a great number of companies over the years investing and agree 100% . I think what does it for me is that PJ has been a private investor for many years himself, he is a qualified accountant and no-one can 'pull the wool over his eyes', he has done well with other companies, e.g.Tiger, Greatland so has a proven track record and knows eactly what is needed by the PIs in the way of current info on what they are investing in. He not only talks the talk but walks the walk and puts his money where his mouth is as he is heavily invested in POW.

on this bombed out share is well worth the gamble. At least we have production revenues in place thanks to LK 's foresight but then maybe getting out was also his foresight too.

Boom often is followed by bust on these AIM BBs but I think not in this case. Perhaps just a little profit taking maybe. Steady rises are good enough for me although 10% rises invariably attract the locusts.

For once I am in a share that the above wizard and his gobbledegook charts has given his blessing.
https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-23rd-april-2021/#gs.zhezvy
Of course the disclaimer he writes is
Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.
(The opinions expressed here are those of the author, a columnist for Share Talk)
but in reality most of his 'recommendations' take off for which I am grateful. Even allowing for the brilliant recent First Equity report I am humbled that the chart wizard has propelled us up closer to where our SP should be

or something else like a Zak Mir gobbledegook chart prediction. Can't all be West Newton news even if it should be by right. Or even Wressle, I think not.

Kavango published today
https://miningmaven.com/company-news/63-kavango-resources/1141-kavango-partnership-signals-impressive-leap-forward-at-ksz-amid-excellent-survey-news-kav

even though it is old news

https://miningmaven.com/companies/red-rock-resources/1131-red-rock-boss-bell-says-firm-in-better-position-than-ever-to-increase-liquidity-rrr

Romania, couldn't care less as long as the job is done. Hardly very far to transport data! Probably quicker and cheaper but there you are..

IMO was an excellent move, attracting institutional investors and keeping out the penny trader casino day trading mob. All I want is a steady rise to reflect the true worth of this company and its assets. A less volatile share price should attract and keep investors. All we want is Wressle to come up with the goods and no doubt about it West Newton should be the company maker of the future.

if only to show commitment. Whether it is exercising options or buying on the open market Its a measure of confidence to me when senior management have money in the company they manage.

At least due diligence means what it says and even if we pull out it will make little difference anyway. As an investor I am comforted by due diligence being extended not concerned. Covid must be slowing things down anyway even if Australia is free of it the restrictions on travel into the country are extremely strict and this must affect the process.